Property profile

510 Lowell St Methuen, MA 01844

OFF-MARKET
Turn key restaurants
Property ID
US38-1028905
1,900 SF 0.42 ac lot Built 1960
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction FRAME
Total area 1,900 SF
Lot 0.42 ac (18,121 SF)
Zoning code RR
APN METH M:00318 B:00162 L:00007
UPID US38-1028905

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Restaurant

Location

510 Lowell St Methuen, MA 01844-2260
Methuen metro Census 252102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2020
3 recorded transactions
2020
$500,000
1995
Price N/A
1993
Price N/A

Zoning & alternative use

RR · Methuen, MA
Zoning description

which may not meet the zoning requirements of an RR district. It is the intent of this chapter to provide for a unique type of living and to encourage: a. the general purpose of the comprehensive zoning ordinance. b. the…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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